Capital Investment Advisory Services LLC Acquires New Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Capital Investment Advisory Services LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 4th quarter, Holdings Channel reports. The fund acquired 3,489 shares of the company’s stock, valued at approximately $95,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Cape Investment Advisory Inc. lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.9% in the 3rd quarter. Cape Investment Advisory Inc. now owns 20,795 shares of the company’s stock valued at $545,000 after acquiring an additional 390 shares in the last quarter. Occidental Asset Management LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.2% in the 4th quarter. Occidental Asset Management LLC now owns 43,474 shares of the company’s stock valued at $1,180,000 after acquiring an additional 532 shares in the last quarter. Grey Street Capital LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.9% in the 4th quarter. Grey Street Capital LLC now owns 14,685 shares of the company’s stock valued at $399,000 after acquiring an additional 557 shares in the last quarter. Solitude Financial Services lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 2.5% in the 3rd quarter. Solitude Financial Services now owns 23,129 shares of the company’s stock valued at $606,000 after acquiring an additional 570 shares in the last quarter. Finally, Cutler Investment Counsel LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.0% during the 3rd quarter. Cutler Investment Counsel LLC now owns 23,389 shares of the company’s stock worth $613,000 after buying an additional 687 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDE opened at $27.85 on Thursday. The company’s 50-day moving average price is $27.61 and its two-hundred day moving average price is $26.82. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $25.13 and a one year high of $28.53. The stock has a market capitalization of $5.58 billion, a PE ratio of 7.32 and a beta of 0.76.

About Schwab Fundamental Emerging Markets Large Company Index ETF

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks.